Pursuant to provisions of Regulation 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, we are submitting herewith the Annual Report of the Company, which is also sent through electronic mode to those members whose e-mail addresses are registered with the Company/Registrar and Transfer Agent/ Depositories.

Date: 5th September, 2026 The Manager – Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 (MH) Scrip Code: 531685 ISIN: INE776R01011 Subject: Annual Report for the Financial Year 2025-26. Dear Sir/ Ma’am, Pursuant to provisions of Regulation 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, we are submitting herewith the Annual Report of the Company, which is also sent through electronic mode to those members whose e-mail addresses are registered with the Company/Registrar and Transfer Agent/ Depositories. For Members who have not registered their e-mail address, a letter containing web-link of the website where details pertaining to the entire Annual Report is hosted is being sent at the address registered in the records of RTA/Company/Depositories. The Annual Report for the Financial Year 2025-26 is also available at the website of the Company i.e https://frontlinefsl.com/ This is for your information and record. Thanking you, Yours Faithfully, FOR, FRONTLINE FINANCIAL SERVICES LIMITED NISREEN KAMARI COMPANY SECRETARY & COMPLIANCE OFFICER M. NO.: A80904 2025-2026 FRONTLINE FINANCIAL SERVICE LIMITED ANNUAL REPORT 2025-2026 TABLE OF CONTENTS CHAIRMAN’S SPEECH CORPORATE INFORMATION NOTICE OF ANNUAL GENERAL MEETING DIRECTORS’ REPORT AOC-2 MANAGEMENT DISCUSSION AND ANALYSIS REPORT SECRETARIAL AUDIT REPORT AUDITORS’ REPORT FINANCIAL STATEMENTS AND NOTES THERETO ATTENDANCE CLIP & PROXY FORM CHAIRMAN’S SPEECH Financial Year 2025–26 MESSAGE FROM THE CHAIRMAN Dear Shareholders, It gives me pleasure to present the 35th Annual Report of Frontline Financial Services Limited for the year ended 31st March, 2026. For Frontline Financial Services Limited, 2025-26 was a year of steady progress. Our Revenue increased from 49.92 lakhs to ₹293.70 lakhs, evidencing that we have successfully strengthened our customer relationships over the past year. During the year, the Company continued its business activities in trading, including Ready Mix Concrete (RMC) and construction materials, together with its financial and management consultancy activities. The Company remains focused on strengthening customer relationships, improving operating efficiency and building sustainable business opportunities. As we move into FY 2026–27, our focus will remain on disciplined execution, prudent financial management, strengthening our operating capabilities and identifying opportunities for sustainable growth. We remain committed to maintaining high standards of governance and compliance while creating long-term value for our stakeholders. SANDEEP MATHUR Chairman & Managing Director Business & Operating Performance The Company continued to focus on its trading and consultancy activities during the year. The growth in operating revenue reflects increased business activity during FY 2025–26. The Company will continue to evaluate opportunities that are commercially viable and aligned with its capabilities. The Board remains focused on maintaining appropriate controls over costs, working capital and business risks. Given the competitive nature of the markets in which the Company operates, disciplined execution and prudent financial management remain important priorities. Financial Performance Total income for FY 2025–26 was ₹293.92 lakhs, comprising revenue from operations of ₹293.70 lakhs and other income of ₹0.22 lakhs. Profit before tax was ₹2.01 lakhs and profit after tax was ₹0.77 lakhs. The Board has not recommended any dividend for FY 2025–26 with a view to conserving resources. People, Governance & Stakeholders The Company continues to recognise its employees, customers, investors and other stakeholders as important to its long-term development. The Board remains committed to sound governance, regulatory compliance and transparent engagement with stakeholders. Outlook The Company will continue to focus on strengthening its business relationships, improving operational efficiency and pursuing commercially viable opportunities in its existing areas of activity. The Board will continue to monitor market conditions and risks and take appropriate measures in the interest of the Company and its stakeholders. Acknowledgement I thank our shareholders, customers, business associates, bankers, employees, regulators and other stakeholders for their continued support. I also place on record my appreciation for the guidance provided by the Board and the contribution of everyone associated with the Company. CORPORATE INFORMATION REGISTERED OFFICE Office No. 803, Eighth Floor Wallstreet II, Ellisbridge, Ahmedabad- 380006, Gujarat Phone: 079‐26461390 Mail: compliance@frontlinefsl.com Website: www.frontlinefsl.com BOARD OF DIRECTORS & KMP Sandeep Mathur Managing Director Pradeep Babulal Shah Executive Director Viki Jayeshkumar Shah Non-Executive Director Sejal Kaushikkumar Shah (Resigned w.e.f. 27/08/2026) Independent Director Raghvendradhari Sharma Independent Director Nisreen Kamari Company Secretary CORPORATE IDENTIFICATION NUMBER L65910GJ1991PLC016289 STATUTORY AUDITORS M/s. J.S Shah and Co. 15, Municipal Shopping Center, Nr. BSNL Telephone Office, Kankaria, Ahmedabad-380022 REGISTRAR AND SHARE TRANSFER AGENT MUFG Intime India Private Limited (Formerly known as Link in Time India Private Limited) 5th Floor, 506 TO 508, Amarnath Business Centre – 1, Beside Gala Business Centre, Off C G Road, Ellisbridge, Ahmedabad - 380006. E-mail: ahmedabad@in.mpms.mufg.com Website: https://web.in.mpms.mufg.com/ BANKERS Mehsana Urban Co- Op Bank Limited NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Annual General Meeting of the Members of Frontline Financial Services Limited (herein after referred to as “the Company”) will be held on Wednesday, September 30, 2026, at 03:00 P.M. at Registered Office of the Company, situated at Office No. 803, Eighth Floor Wallstreet II, Ellisbridge, Ahmedabad – 380006, Gujarat, India to transact the following business: ORDINARY BUSINESS: Item No. 1 – Adoption of Audited Financial Statements To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon. Item No. 2 - Re-appointment of Mr. Pradeep Babulal Shah as a director liable to retire by rotation To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions of the Companies Act, 2013 (“the Act”), and the rules made thereunder, as amended from time to time, Mr. Pradeep Babulal Shah (DIN: 05349427), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment, be and is hereby re-appointed as a Director of the Company, liable to retire by rotation. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things and to take all such steps as may be necessary, proper or expedient to give effect to this resolution.” SPECIAL BUSINESS: Item no. 3 – To Appoint Ms. Manali Davda, Proprietor of M/s. Manali D & Co., Practicing Company Secretary as Secretarial Auditor of the company for the period of Five years To consider and if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: "RESOLVED THAT pursuant to the provisions of Section 204(1) of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration Managerial Personnel) Rules, 2014 and other applicable provisions if any, of the Companies Act, 2013, other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), consent of the members be and is hereby given to appoint [Showing first 8,000 characters — download PDF for full document]